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Earnings per Share (Tables)
6 Months Ended
Jun. 30, 2022
Schedule of computation of basic and diluted earnings per share

The following table sets forth the computation of basic and diluted earnings per share:

Three months ended

    

June 30, 2022

    

June 30, 2021

(in thousands)

Numerator:

Net income

$

8,224

$

372,837

Denominator (number of shares in thousands):

Basic weighted average common shares outstanding

 

20,689

 

20,354

Effect of dilutive securities:

 

 

Dilutive effect of non-vested shares

 

19

 

245

Diluted weighted average common shares outstanding

 

20,708

 

20,599

Six months ended

    

June 30, 2022

    

June 30, 2021

(in thousands)

Numerator:

Net income

$

339,689

$

669,617

Denominator (number of shares in thousands):

 

 

Basic weighted average common shares outstanding

20,693

20,323

Effect of dilutive securities:

Dilutive effect of non-vested shares

19

234

Diluted weighted average common shares outstanding

20,712

20,557